On 12/20/09 2:31 PM, D.Duck wrote:
Loogypicker wrote:
On Dec 20, 1:47 pm, "D.Duck" wrote:
Loogypicker wrote:
On Dec 20, 10:43 am, "D.Duck" wrote:
Loogypicker wrote:
On Dec 19, 9:44 pm, Tom Francis - SWSports
wrote:
"This is the problem with politicians trying to create a market for
something that the free market otherwise doesn't value," Schulz
said.
"An emissions trading market is an artificially, politically-created
market...."
http://www.foxnews.com/politics/2009...s-cap-trade-re...

Huh - how about that...
http://politifact.com/truth-o-meter/.../27/chain-emai...

http://politifact.com/truth-o-meter/.../23/chain-emai...

http://politifact.com/truth-o-meter/.../27/mary-matal...

http://politifact.com/truth-o-meter/.../20/christophe...

And here's a good one about the right's idea that more CO2 is
actually
good for the environment:
http://politifact.com/truth-o-meter/.../07/plantsneed...

The gist of Tom's post was the "cap and trade" fraud in Europe and the
potential for the same here in the US. Do you disagree with that
premise?- Hide quoted text -
- Show quoted text -
Yes, because as far as a know, people just aren't very good at
correctly and precisely predicting the future. Also, who told this
nitwit Schulz that our system will be like Europes?
As proposed the trading will be handled with the likes of Merril Lynch.
Were you happy with the way these folks handled like transactions in
the past?- Hide quoted text -

- Show quoted text -

What "like" transactions would that be?


"like" = financial derivatives, e.g. CDS


It upsets me that our weak congress, and both parties are to blame, was
not willing to put a noose around the neck of the financial services
industry.